Why is JBIMS so reputed? - Collegedunia

Why is JBIMS so reputed?

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Rajat Tokas Posted On - Feb 28, 2023
Business Analyst at Allicient Technologies Pvt Ltd (2020–present)

JBIMS, the Jamnalal Bajaj Institute of Management Studies, holds the 7th ranking among B-Schools in India, after BLACKI (IIM). The reasons for its popularity are various and include:

  • Location: JBIMS is located in the heart of Mumbai, which is home to many financial company headquarters. The Western region of the country has become a B-school hub and besides JB, there are many top B-schools such as NMIMS, KJ Somaiya, and Symbiosis. Furthermore, Mumbai is the financial, commercial, and entertainment capital of India and JB's proximity to the commercial hub of India (Nariman Point) provides an added advantage.
  • Ranking: JBIMS has been ranked 10th by the IIRF 2023 in the Management Category. Additionally, the Institute has been ranked 10th among the Top Public MBA Institutions in India by Outlook 2022. JBIMS has also received the 10th rank among the top 10 Institutes of India for MBA by the Week in 2019.
  • Seats Allocation/Intake: JBIMS has an intake of only 120 students in a batch, whereas other B-schools admit nearly 400 students.
  • Fees: JBIMS offers its program at an approximate cost of 6 lakhs, while other B-schools offer programs costing nearly 15-16 lakhs.
  • Alumni Base: JBIMS has a strong alumni base and is known as the "Factory of CEOs." Notable alumni include Chanda Kochhar (MD & CEO of ICICI bank), Mani Ratnam (filmmaker), Vinita Bali (MD of Britannia), Uday Kotak (Chairman & MD Kotak Mahindra Bank), and Siddharth Roy Kapur (CEO of UTV Motion Pictures).
  • Placements: Due to its small size, JBIMS has a record of 100% placement every year and boasts an average salary of 18.76 lakhs per annum.
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